Friday, September 13, 2013

Icing on the cake...Obama will nominate Summers for Fed chair

We've been hearing these rumors for a while now and perhaps many of us thought it was just a bad joke. The fact that Obama was even considering Larry Summers to run the Fed seemed unconscionable given his unbelievably destructive history. But leave it to Obama, once again, to smash the hopes, needs and spirits of his supporters and those who fight for equality and progressive causes everywhere.

This is the icing on the cake. The fact that Obama is going to nominate Summers--one of the chief architects of financial sector deregulation that ultimately led to the crisis--as Fed Chairman solidifies his presidency as one of the worst and certainly the most deceitful in history.

Not only did Obama fail to deliver on all the promises he made to millions who voted for him and support him, but he put in place a policy team that has led to the fastest and most extreme rise in income inequality ever seen in this country, not to mention all the other things he did like NDAA, trillions to the banks, Obamacare, expanding wars, keeping Guantanamo open, not standing up for workers when he said he would, "grand bargains," austerity, etc, etc.

Liars are despicable, but political leaders who are liars are the worst. Go to hell, Mr. President!

1 comment:

Tyler Healey said...

"Can We Talk About The Real Obama Now?"
by Sam Smith

http://prorev.com/2008/11/can-we-talk-about-real-obama-now.html